ARLINGTON, Va., Sept. 21,
2012 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE:
AI) (the "Company") announced today that it has priced an
underwritten registered public offering of 3,000,000 shares of
Class A common stock at a public offering price of $24.80 per share. The Company has granted
the underwriters an option for 30 days to purchase up to an
additional 450,000 shares of Class A common stock to cover
over-allotments, if any. Barclays Capital Inc. is serving as sole
bookrunning manager for the offering. Ladenburg Thalmann
& Co. Inc., a subsidiary of Ladenburg Thalmann Financial
Services Inc. (NYSE MKT:LTS), is serving as lead manager.
Compass Point Research & Trading, LLC is serving as
co-manager. The offering is subject to customary closing
conditions and is expected to close on Wednesday, September 26, 2012.
The shares of Class A common stock will be offered under the
Company's existing shelf registration statement on Form S-3, which
was declared effective by the Securities and Exchange Commission.
The offering of these shares will be made only by means of a
prospectus supplement and accompanying base prospectus, which will
be filed with the Securities and Exchange Commission. Copies of the
prospectus supplement and accompanying base prospectus related to
this offering may be obtained by contacting Barclays Capital Inc.
at the address below:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.com
(888) 603-5847
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the offered shares or any other
securities, nor shall there be any sale of such shares or any other
securities in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or other
jurisdiction.
About Arlington Asset Investment Corp.
Arlington Asset Investment Corp. is a principal investment firm
that invests in mortgage-related and other assets. The
Company is headquartered in the Washington, D.C. metropolitan area.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These include statements
regarding completion of the Company's offering of common
stock. Forward-looking statements can be identified by
forward-looking language, including words such as "believes,"
"anticipates," "expects," "estimates," "intends," "may," "plans,"
"projects," "will" and similar expressions, or the negative of
these words. Due to known and unknown risks, including the
risk that the assumptions on which the forward-looking statements
are based prove to be inaccurate, actual results may differ
materially from expectations or projections. These risks also
include those described in the Company's Annual Report on Form 10-K
for the year ended December 31, 2011,
which has been filed with the Securities and Exchange
Commission. Readers of this press release are cautioned to
consider these risks and uncertainties and not to place undue
reliance on any forward-looking statements. The Company does
not undertake any obligation to update any forward-looking
statement, whether written or oral, relating to matters discussed
in this press release, except as may be required by applicable
securities laws.
SOURCE Arlington Asset Investment Corp.